IBT Staff Reporter

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UBS To Pay $25 Million To Settle U.S. SEC Fraud Charges

Wealth manager and banking group UBS will pay $25 million to settle fraud charges relating to an options trading strategy, the U.S.

Jun 29, 2022

A wonder of engineering, Webb is able to gaze further into the cosmos than any telescope before it thanks to its enormous primary mirror and its instruments that focus on infrared, allowing it peer through dust and gas

Webb Telescope: NASA To Reveal Deepest Image Ever Taken Of Universe

Webb telescope: NASA to reveal deepest image ever taken of Universe

Jun 29, 2022

Ferdinand Marcos Jr is set to be inaugurated president of the Philippines on June 30, 2022, some 35 years after his dictator father was ousted -- culminating a decades-long effort to restore the clan to power

Philippine President Marcos Jr Praises Rule Of Dictator Father

Philippine President Marcos Jr praises rule of dictator father

Jun 29, 2022

Activists take part in the 'Blue Climate March' outside the UN Ocean Conference in Lisbon to urge world leaders to act and protect the environment, in Lisbon, Portugal, June 29, 2022.

'Lots Of Talk, Little Action': Hundreds Protest Outside U.N. Ocean Conference

Aboriginal Australian activist Theresa Ardler travelled halfway across the world to tell leaders at the U.N.

Jun 29, 2022

Salah Abdeslam says he backed out of his mission to blow himself up in a bar -- but prosecutors say his suicide belt was simply defective

Salah Abdeslam: Paris Attacker Facing Rest Of Life In Jail

Salah Abdeslam: Paris attacker facing rest of life in jail

Jun 29, 2022

Singer R. Kelly is pictured during a hearing at the Leighton Criminal Courthouse in Chicago, Illinois in 2019

Singer R. Kelly Gets 30 Years In Jail Over Sex Crimes

Singer R. Kelly gets 30 years in jail over sex crimes

Jun 29, 2022

A large-scale emergency operation was launched at the scene involving police, firefighters and ambulances

Texans Mourn Migrants Who Died In Sweltering Truck Tragedy

Texans mourn migrants who died in sweltering truck tragedy

Jun 29, 2022

A demonstrator is detained by police officers during an anti-government protest amid a stalemate between the government of President Guillermo Lasso and largely indigenous demonstrators who demand an end to emergency measures, in Quito, Ecuador June 24, 2

Ecuador's Oriente Crude Exports Suspended, Napo Flowing Amid Force Majeure

Exports of Ecuador's flagship Oriente crude remain suspended under a force majeure declaration as the spread of anti-government protests hurts oil output, state-run Petroecuador said on Wednesday.

Jun 29, 2022

Francisco de Roux, President of the Truth Commission attends an interview with Reuters in Bogota, Colombia, June 28, 2022.

Colombia Must Advance Talks With Armed Groups To Secure Peace -truth Commission President

Colombia's armed conflict will only end when the 2016 peace deal with the now-demobilized FARC guerrillas is properly implemented and peace talks with other armed groups and gangs make progress, the president of the Andean country's peace commission said.

Jun 29, 2022

The body of a Tesla Model S is transported by an automated crane at the Tesla factory in Fremont, California October 1, 2011.

Companies Cut Spending, Jobs As Outlook Grows Less Certain

Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs while others are shelving projects or deals as inflation rages and confidence in the world economy wanes.

Jun 29, 2022

A police officer stands near the vehicle of journalist Antonio de la Cruz, who was killed by unknown assailants while leaving his home, in Ciudad Victoria, in Tamaulipas state, Mexico June 29, 2022.

Reporter Gunned Down In Latest Attack On Mexican Journalists

A Mexican reporter was killed Wednesday in one of the country's most violent northern border states, authorities and his employer said, the latest in a series of attacks in one of the world's most dangerous countries for journalists.

Jun 29, 2022

Migrants queue to receive meals outside the transport and logistics centre Bruzgi on the Belarusian-Polish border, in the Grodno region, Belarus December 22, 2021.

NATO To Monitor Migration As Risk Of Instability To Members

Irregular mass migration is among the "hybrid threats" that hostile powers can use to undermine the stability of NATO countries, the alliance said in its new Strategic Concept agreed at a summit in Madrid on Wednesday.

Jun 29, 2022

Supporters of presidential candidate Ferdinand "Bongbong" Marcos Jr., the son and namesake of the late Philippine dictator, and Vice-presidential candidate Sara Duterte-Carpio, daughter of Philippine President Rodrigo Duterte, watch a fireworks display du

Factbox-Key Figures In Philippine President Marcos' Administration

Ferdinand Marcos Jr, who will be sworn in as Philippines president on Thursday, has unveiled some of the main positions in his cabinet and wider administration in the past month.

Jun 29, 2022

Analysis-Markets Challenge Fed Timeline, Threatening More Swings In Treasuries

Bond traders expect the gyrations convulsing U.S. Treasuries to continue in the second half of 2022 as investors challenge the Federal Reserve's projections for how far it will tighten monetary policy to quell the worst inflation in decades.

Jun 29, 2022

Philippine president-elect Ferdinand "Bongbong" Marcos Jr., son of late dictator Ferdinand Marcos, attends a news conference at his headquarters in Mandaluyong City, Metro Manila, Philippines, May 23, 2022.

Explainer-Hurdles Ahead As Philippines' Marcos Begins Six-year Presidency

Ferdinand Marcos starts his six-year term as Philippines president on Thursday facing a host of challenges, from rising inflation and pandemic recovery to balancing relations between competing superpowers the United States and China.

Jun 29, 2022

Airport workers stand next to lines of passenger luggage arranged outside Terminal 2 at Heathrow Airport in London, Britain, June 19, 2022.

Luggage Piles Join Long Airport Lines In Fresh Woes For Summer Travel

Piles of luggage beside baggage belts in airports from Canada to Europe are driving further demand for ground handlers, and adding to summer travel chaos as airlines scramble to bring back workers lost during COVID-19.

Jun 29, 2022

A military vehicle drives by during a parade rehearsal a day before the inauguration of president-elect Ferdinand "Bongbong" Marcos Jr. outside the National Museum in Manila, Philippines, June 29, 2022.

Philippines Starts New Era Of Marcos Rule, Decades After Overthrow

Ferdinand Marcos, the son of the Philippine ruler overthrown in a popular uprising 36 years ago, was sworn in as the country's president on Thursday, promising to strive for unity and a better future while praising his late father's legacy.

Jun 29, 2022

Philippines Begins New Era Of Marcos Rule, Decades After Overthrow

The son and namesake of late dictator Ferdinand Marcos was sworn in as president of the Philippines on Thursday, completing a stunning comeback for one of Asia's most famous political dynasties, 36 years after it was ousted in a popular uprising.

Jun 29, 2022

Spring wheat is harvested on a farm near Beausejour, Manitoba, Canada August 20, 2020.

Analysis-What Slowdown? Canada's Economy To Top G7 On High Oil, Crop Prices

Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to tip many of its fellow G7 rich nations into recession.

Jun 29, 2022

NATO Secretary General Jens Stoltenberg addresses the troops as part of a military exercise called "Cold Response 2022", gathering around 30,000 troops from NATO member countries plus Finland and Sweden, amid Russia's invasion of Ukraine, at a base in Bar

NATO Vastly Expands Troops At High Readiness For Long-term Russian Threat

NATO agreed on Wednesday to put over 300,000 troops at high readiness from 2023, up from 40,000 previously, a new military line-up designed to better counter Russia, the country the alliance has designated as posing the greatest threat.

Jun 29, 2022

Russian President Putin attends Caspian Summit in Ashgabat

Putin Still Wants Most Of Ukraine, War Outlook Grim -U.S. Intelligence Chief

Russian President Vladimir Putin still wants to seize most of Ukraine, but his forces are so degraded by combat that they likely can only achieve incremental gains in the near term, the top U.S.

Jun 29, 2022

Flowers, toys, and other objects are seen at a memorial for the victims of the deadliest U.S. school shooting in nearly a decade resulting in the death of 19 children and two teachers at Robb Elementary School in Uvalde, Texas, U.S. May 29, 2022.

Uvalde School Shooter's Grandmother Released From Hospital

The grandmother of the Uvalde school shooter was released from a hospital on Tuesday, just over a month after her grandson shot her and later also killed 19 children and two teachers.

Jun 29, 2022

Mortuary vans are seen as forensic personnel load bodies of victims after the deaths of patrons found inside the Enyobeni Tavern, in Scenery Park, outside East London in the Eastern Cape province, South Africa, June 26, 2022.

Gas Leak May Have Killed 21 Youths In South Africa Tavern

Twenty-one young people found dead in a tavern on South Africa's east coast over the weekend may have died by poisoning from a gas leak, a source close to the investigation said on Wednesday.

Jun 29, 2022

Tennis-Raducanu Given Wimbledon Reality Check By Garcia

Emma Raducanu's Wimbledon hopes were ruthlessly crushed on Centre Court by France's Caroline Garcia as the golden girl of British sport suffered a 6-3 6-3 second-round loss on Wednesday.

Jun 29, 2022

U.S. Army soldiers from the 82nd Airborne Division walk towards an airbase, near Arlamow

U.S. To Boost Military Presence In Europe As NATO Bolsters Its Eastern Flank

U.S. President Joe Biden pledged more American troops, warplanes and warships for Europe on Wednesday as NATO agreed the biggest strengthening of its deterrents since the Cold War in response to Russia's invasion of Ukraine.

Jun 29, 2022

U.S. Supreme Court Justice Stephen Breyer speaks during an event at the Library of Congress for the 2022 Supreme Court Fellows Program hosted by the Law Library of Congress, in Washington, U.S. February 17, 2022. Evan Vucci/Pool via

Jackson To Join U.S. Supreme Court On Thursday As Breyer Departs

Ketanji Brown Jackson, picked by President Joe Biden to become the first Black woman on the U.S.

Jun 29, 2022

A digital rendering shows a suite at 'The Wish,' the Disney's new cruise ship, in this undated artist's rendering handout picture. Walt Disney/Handout via REUTERS

Disney Unveils First New Cruise Ship In A Decade, Dips Toe Into Metaverse

Chief Executive Bob Chapek introduced Walt Disney Co's first new cruise ship in a decade on Wednesday, the culmination of the first project the former theme parks executive championed to the company's board of directors.

Jun 29, 2022

Disney Introduces First New Cruise Ship In A Decade, Dips Toe Into Metaverse

Chief Executive Bob Chapek is set to christen Walt Disney Co's first new cruise ship in a decade on Wednesday, the culmination of the first project the former theme parks executive championed to the company's board of directors.

Jun 29, 2022

Bottles of Heinz Tomato Ketchup, owned by the Kraft Heinz Company, are seen for sale in Queens, New York, U.S., November 16, 2021.

Kraft Heinz Pulls Products From UK Retailer Tesco In Pricing Row

U.S. food giant Kraft Heinz has stopped supplying some products to Britain's biggest supermarket group Tesco, which resisted charging its customers higher prices for them at a time of surging inflation.

Jun 29, 2022